Consider the following statements about the Bureau of Pharma PSUs of India BPPI 1 It is the implemen...........

Indian Economy (CDS) Poverty and employment

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Consider the following statements about the Bureau of Pharma PSUs of India (BPPI):

1. It is the implementing agency of Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP).

2. It has registered as an independent society under the Societies Registration Act, 1860.

Which of the statements given above is/are correct?

1 only

2 only

Both 1 and 2

Neither 1 nor 2

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Explanation:

Bureau of Pharma PSUs of India (BPPI) is the implementing agency of Pradhan Mantri Janaushadhi Pariyojana (PMBJP). BPPI was established in December 2008 under the Department of Pharmaceuticals, Government of India. The Bureau has been registered as an independent society under the Societies Registration Act, 1860 as a separate independent legal entity in April, 2010. BPPI follows the provisions of GFR, 2017 as amended from time to time, the CVC guidelines, and instructions from the Department of Pharmaceuticals.